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Search Results 0 to 26 of about 27 (some duplicates have been removed)
in the past. but boehner finds himself in an increasingly weak position. senate minority leader mitch mcconnell refused to take a position on boehner's debt plan today. >> i have no particular observation other than i commend the house leadership for trying to move. the process along and getting to a point where hopefully we can have a real discussion. >> house democrats are cranking up the pressure. tim walsh of minnesota introduced a discharge petition on the middle class tax cuts in the house. if it gets 218 signatures, it would get a floor vote before the end of the month. >> this is an issue that we all agree on. >> democratic leader nancy pelosi announced a plan for the discharge petition last week. the petition keeps the focus on extending tax cuts for 98% of americans. i spoke to leader pelosi late this afternoon about the strategy and the latest developments in the debt standoff. >> thank you for joining us tonight. >> my pleasure. >> the discharge petition, what are your expectations? >> well, my expectations have already been exceeded because we have over 150 members, house democrats
, what are they proposing? over the weekend, mitch mcconnell, the senate minority leader, he offered a few nuggets and i would like to get your thoughts. he said increase the medicare eligibility age, ask wealthier americans to pay higher medicare premiums. and possibly paring back the cost of living increases, giving to social security beneficiaries. those are three specific so we have heard so far from the gop side. what are your thoughts on that? >> i think that is a good thought. but mitch mcconnell and speaker boehner need to be more specific. that doesn't add up to more than two or three really dollars worth of cuts. the president proposed many more cuts than not. that is the beginning. this is a negotiation process. i am a lawyer and we settle cases by someone saying this or that and then they move to the middle. that is not what is going on, although mitch mcconnell name three things, that is more than the house republicans have done. again, the republicans are afraid to talk about where the cuts should come. because they're going to have to talk about medicare. megyn: entitl
. >> coming up. mitch mcconnel did the most idiotic thing and coming up we will watch him do it. and why he wants to pay more taxes and jim demint is quitting the senate. who is happier to see him go? >> the people of illinois have spoken in a poll and they want michelle obama to be their next seb tore. capella university understands rough economic times have led to an increase in clinical depression. drug and alcohol abuse is up. and those dealing with grief don't have access to the professional help they need. when you see these issues, do you want to walk away or step up? with a degree in the field of counseling or psychology from capella university, you'll have the knowledge to make a difference in the lives of others. let's get started at capella.edu i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. >>> jim demint is going to quit the senate
. mitch mcconnel did the most idiotic thing and coming up we will watch him do it. and why he wants to pay more taxes and jim demint is quitting the senate. who is happier to see him go? >> the people of illinois have spoken in a poll and they want michelle obama to be their next seb tore. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. than giving her a diamond is surprising her with one. save the surprise. shop online and ship to any zales store free. only at the diamond store. ♪ i'm lost in the light >>> jim demint is going to quit the senate. and stephen colbert wants the job. and later how dysfunctional the senate has become. that is in tonight's rewrite. [ male announcer ] now's the perfect time to buy an adjustable version of the most highly recommended
they are the party of cutting spending stop talking about the democrats, make an offer. >> mitch mcconnell is out there every single day saying these are the entitlement changes that i think make sense and would get us to a deal. raising the retirement age, dealing with change the inflation formula so the programs aren't spending so much out over time. if president obama is interested in reforming entitlements which he says he is but he never specifies what it would be. all he has to do is call up mitch mcconnell and say i think these are good ideas, let's sit down and they would happen. republicans would take those immediately. >> that's how you think republicans should lead, they should wait for a call from the president? not go on tv but make an actual offer? >> specific changes on entitlements. if the president is in favor of changing entitlements, all he has to do is say i agree these are changes we have to make, let's do them. >> have they made that offer to the white house? >> mitch mcconnell is out there every single day. they passed a budget with major entitlement reform that would get u
ten years along with the combination of new spending and some spending cuts. mitch mcconnell said he, quote, burst into laughter. still, the white house is making it clear until the republicans counteroffer. >> we didn't say how or how much or who should pay. >> there are a lot of items on the table. the president knows what they are. the question is, what are they willing to do? >> at midnight the clock runs out. taxes will go up on everybody. and republicans will instead be in a position of voting against middle class tax cuts. democrats bring such a bill to the floor. on sunday house minority leader signaled democrats may not wait saying in a statement, quote, if speaker boehner refuses to schedule this widely supported bill for a vote on democrats for a vote, democrats will introduce a discharged petition to automatically bring to the floor the senate passed middle class tax cuts bill, that bill that would pass the 98% automatically raise the rates to the clinton era for the top 2%. ultimately he has to bring out the best deal. this new negotiation strategy. it appears to have ge
not a serious offer. >> mitch mcconnell laughed out loud on camera at the plant. what do you make of that? >> he had every reason to. let's look at this plan for what it is. a massive tax hike. instead of offering tax hikes, which is something that republicans have been mandated, he wants more spending and he's not giving us any entitlement savings and on top of that, like you mentioned, he has no limit on his authority. so he's spending just as he has over the past four years into oblivion. gerri: so there is no debt ceiling. he has a checkbook, he can use it anyway that he wants to. that is shocking and astonishing to many folks. there is also this. the president has talked over and over again about a balanced approach. everybody has to give up something. everybody gets a little something. so he proposes $1.6 in tax hikes. only 400 billion in cuts. in what way is this balance? >> i think this has been a mistake the republicans have made. i do not believe that we have a revenue problem. in the long run, we have a spending problem and it is mostly an entitlement problem. i think it was a mistake
on the hill and saying this is basically the white house position has been -- mitch mcconnell saying i think it was just demeaning for them to ask the treasury secretary to come up here and give a proposal like this and by this we have people saying it's a sham, it's -- you know, ridiculous, it's a nonstarter. when you went up there, you didn't think republicans were going to go good idea. >> you know, what we're trying to do is get these guys to come together and reach an agreement that's going to be good for the country and good for the question xhe. >> by these guys you mean you all and the republicans. >> and democrats together. >> and the white house. >> that's what we're trying to do. what we did was put forward a very comprehensive, very carefully designed mix of savings and tax reforms to help us put us back on the path to stabilizing our debt and fixing our debt and living within our means. we've been very detailed about how to do that, both on the spending side and revenue side, and we think this is a good plan for the country, and it does the most important thing, which is it give
to have both of you with us tonight. thanks so much. >>> coming up, mitch mcconnell made history in the senate today. he called for a vote on his debt limit bill. democrats called his bluff and then believe it or not, mcconnell filibustered his own bill. congressman chris van hollen joins me on all of the latest fiasco surrounding the fiscal cliff. stay with us. but they haven't experienced extra strength bayer advanced aspirin. in fact, in a recent survey, 95% of people who tried it agreed that it relieved their headache fast. visit fastreliefchallenge.com today for a special trial offer. the distances aren't getting shorter. ♪ the trucks are going farther. the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. >>> president obama is taking his fiscal cliff plan to the people. will republicans buckle under public pressure? msnbc's political analyst michael eric dyson and democratic strategist donna genteel-o'donnell will weigh in on that tonight. >>> the ceo of apple makes a big announcement about the future o
. >> mitch mcconnell told us that he laughed out loud when geithner presented the proposal to him. that says it all. stuart: so you think that they will not cave? >> no, i actually think they will cave. stuart: they are? >> the democrats have the upper hand here. we just had an election. raising taxes on the wealthy, as he calls people who make over $200,000 a year. he won the election. they have a mandate. >> the republicans have a lot of leverage. the president wants to have a successful second term. if he allows us to fall off the fiscal cliff that we could fall into a very deep recession. >> if he allows us to fall over the fiscal cliff, and i think they are making that point. >> i believe grover norquist. they should get the media cameras in their. stuart: let's get more on this. we have a special guest joining us. he should have been on varney & company many times. >> i hope this is the first of many appearances. great to be with you this morning. i am kind of in a foul mood this morning. i am going to say something. the three of you are going -- if the republicans just gave the presid
agrees to raise rates. senate minority leader mitch mcconnell didn't support speaker boehner's plan. >> i have no particular observation other than i commend the house republican leadership for trying to move the process along, and getting to a point where hopefully we can have a real discussion. >> i want to bring in "time" magazine's assistant editor and "national journal"'s chris freitz. does this come down to john boehner and what he's willing to do? >> i think what we've been seeing for the last few months, the ideological struggle within the republican party. you've seen some moderate voices stepping up saying let's make a compromise but you have a house that's intransigent. i think bainer is in charge at the end of the day but he's got to wait, marshall the forces and have people coming to him and i hope this doesn't become a game of chicken that goes on into february and march when we have to raise the debt ceiling. >> the question is rates, are rates going to go up? let me play what tom coburn said this morning. >> personally i know we have to raise revenue. i don't care which wa
to get a vote on the fiscal cliff deal at 1:30, but minority leader mitch mcconnell, republican objected to that proposal saying i matter of such importance, 60 vote threshold, majority was born to do. now it will not happen, no vote today on the debt ceiling, fiscal cliff proposal to basically the breaking news is we're back where we started. melissa: what is the hottest stock on wall street these days. trading under. the bidding war for my favorite bank analyst. i love dick bove. speaker he is in purgatory. a billion dollars unauthorized trade was described as a rogue trader. presumption of innocence, he was arrested earlier in the week. take the firm, the firm has been closed down since then. dick bove has been in purgatory. sources are telling us bove reseed essentially 17 offers to join him, he is now down to five, he has contracted form in five firms. he believes he'll be making the decision on which of these five firms he will go to in the coming days. he says he is close to a deal to revitalize the firm, said he would stay with rockdale. if i tell you this. said he is t has to ma
. mitch mcconnell attempted to bring up the president's plan for a vote in the u.s. senate, a plan $1.6 trillion in tax increases, hundreds of billions of dollars in spending cuts, a limited debt ceiling for the president. democrats blocked the vote and democratic republicans to the only reason is because the plan is unserious. this is washington, back to you. liz: we have a lower third banner that says we can probably solve this in a week according to the president. >> if he said if republicans relent on raising tax rates on $250,000 per year. david: always the question of if you'll take over the power, rich edson is they're following it all for us. coming up, more on what is happening in washington, the chief number cruncher on the heritage foundation here to tell us why they're increasing taxes 25%. liz: pandora shareholders may be singing the blues after the stock plummeted 20% at one point today after beating earnings estimates but admitting it will swing to a loss. ask any internet radio pioneer and ceo joe kennedy why he is whistling a much better tune despite that. next. liz:
around the debt ceiling. so using it against them. this is a mechanism that mitch mcconnell himself came up with last time to kind of get us out of this. so now, you know, you have had geithner talking about it, the white house talking about it, let's adopt the mcconnell provision. again, the republicans politically are becoming further and further isolated and seeming to be more and more like petulant children. >> david, you can speak but i don't want you to promote your magazine or anything you have written. >> i'll promote the show. >> okay. >> but the republicans, especially the tea party republicans, are going to get trapped in a corner. a lot of them are already saying if we give on the tax cuts, then we want to have a fight on the debt ceiling. we want to do something. and so you asked before, martin, why will they take this even though public opinion seems poised against them, even though the president is organizing the business round table against them. i go back to the old story of the frog and the scorpion. if you don't know it, wikipedia it. it's this their nature. >> now he'
plan to him on thursday he said, "you can't be serious" and mitch mcconnell, the republican leader, said he burst into laughter. >> chris, they are in kind of a tough position now. it's obviously a little hard for them now and they are trying to figure out where they go next. we might need to give them a little bit of time to figure out where they go next. but what we did, we laid out a very detailed, carefully-designed set of spending, savings and tax changes to help put us back on a path of fiscal responsibility, to prevent taxes from going up for 98% of investments and provide some investment for things we need liken fraught structure. we think that's what is good for the economy. if they have different suggestions and want to go further in some areas, they should lay it out to us. >> you say they are in a hard spot, what do you mean? >> they are trying to figure out how to find a way to support things that they know they are going to have to do that will be very hard for them. you've heard them for the first time in two decades now acknowledge that they are willing to have reve
was not interested. politico reports actress ashley judd is seriously considering a run for 2014 against mitch mcconnell in his home state of kentucky. mcconnell's office warned he will not go easy on whoever the democratic challenger is but did not reference judd specifically. mitt romney is going back to work at his own job. marriott international has announced romney rejoined the board of directors after resigning two years ago. as for how much romney will earn, s.e.c. showed that directors received a base pay of $60,000 plus $1250 for every meeting they attended. romney has a long-time friendship with the members of marriott family and has served on the board off and on since 1993. >>> all right. time for the "news nation" gut check. bloomberg news is reporting that president obama is considering "vogue" anna wintor to be the next u.s. ambassador to the uk or france. she raised $500,000 for his re-election campaign. she's been at "vogue" for more than 25 years and they say she's very happy about the current job. the white house was asked about the report and declined comment on it. do you believe th
in the old days. senators like orrin hatch, chuck grassley, mitch mcconnell, richard shelby, thad cochran. senator dole went to the floor today needing just five, yes votes from old friends. here's how bob dole's old friends voted. >> mr. cochran. mr. cochran. no. mr. shelby. mr. shelby, no. mr. grassley. mr. grassley, no. senators voting in the negative. mcconnell, mr. hatch, mr. hatch, no. >> bob dole needed five votes today. those five votes were all he needed. bob dole received into their hearts today. and found nothing. after the vote, john kerry said, it was one of the saddest days i've seen in almost 28 years in the senate. we know that when bob dole leaves us, which i hope doesn't happen for a very, very long time, those five men, if they're still with us, will rise on the they will know and we will know on the day when they could have honored bob dole. honored his vision as a legislator. honor his friendship and his personal kindnesses to him over many, many years. they failed bob dole. with one word, no. they failed their old friend. they dishonored themselves and they dishonore
. >> the reaction from republicans? this from a spokesperson for senate minority leader mitch mcconnell saying the president wants the ability to raise the debt ceiling whenever he wants for as much as he wants with no responsibility or spending cuts attached. this is an idea opposed by democrats and republicans alike. it is a power grab that has no support here. so while we're stuck on thinking about tax rates increases versus revenue, this fiscal cliff issue much larger. talks about the debt ceiling and what that means for next year. treasury saying that sometime early next year they will run out of those extraordinary measures and the u.s. will have to raise the debt ceiling or default. back to you. ashley: very good point. rich edson in d.c. thanks very much. tracy: our next guest says, forget taxes. washington needs to focus on cutting entitlement spending if we want to prevent a battle between old and young americans. diana further got roth, senior fellow at man hat taken institute and joins us now. diana, seems to me raising the retirement age is the simplest thing you could do yet we'r
limit to the executive branch? hello? it doesn't help that it was mitch mcconnell who put this in place last year and, of course, now calls it outrageous power grab. when you give this administration an inch, it takes ten miles or a marathon. that's what they're doing here. >> gretchen: so you say it's a violation of the coalition. i want to move on to what you're deeming the merry croniness, christmas? >> merry croniness, that's right. >> gretchen: you know what? it saddens me to dismantle the word christmas by saying croniness. but explain what it is. >> it's christmas for obama bundlers. this is the annual ritual, the patronage rewards for his biggest 1% elitist donors and there have been reports now over the last week that anna winter, the fashion famous vogue editor who raised hundreds and hundreds of thousands of dollars for team obama, not just this year action but during the first term as well, is being considered for an ambassadorship for britain. and this is along with several other bundlers who have raised each more than half a million dollars for obama over the last campaign
Search Results 0 to 26 of about 27 (some duplicates have been removed)